Lloyds Tsb Shares

Decadent_Fool

ad44downey wrote: »

Oh dear. You probably bought Northern Rock, B&B shares too.

I've made 10 percent on my LBG shares in the last few weeks, even at this low price, so all you're doing in this statement is demonstrating you have the same, knee-jerk sheep reaction as portrayed in the media

LBG speculators could have doubled their money in the last few weeks, and even those in for the long term (where I'd consider myself) haven't done too badly. Certainly a damn site better than a savings account, with significant potential for real growth.

fatpig_2

Decadent_Fool wrote: »

I've made 10 percent on my LBG shares in the last few weeks, even at this low price, so all you're doing in this statement is demonstrating you have the same, knee-jerk sheep reaction as portrayed in the media

LBG speculators could have doubled their money in the last few weeks, and even those in for the long term (where I'd consider myself) haven't done too badly. Certainly a damn site better than a savings account, with significant potential for real growth.

If they nationalise it, your gain of 10% will turn into a big fat loss of 100%. It doesn't sound like a very good gamble to me.

Decadent_Fool

fatpig wrote: »

If they nationalise it, your gain of 10% will turn into a big fat loss of 100%. It doesn't sound like a very good gamble to me.

We're going round in circles here, and I'm bored:

http://forums.moneysavingexpert.com/showpost.html?p=18898835&postcount=9

http://forums.moneysavingexpert.com/showpost.html?p=18899343&postcount=11

worried_jim

stamfordblue wrote: »

I think that Lloyds shares being 56p are a cracking buy at the moment.
Their figures come out on Friday and I expect they will be good.
The share price will then rise.
They certainly won't be nationalised.

I look at how it will be in a years time.
The shares will probably have gone up by at least 25%.
Better than any savings account

Can anyone recommend a decent,cheap sharedealing service?
I want to buy some shares before Friday!

I work @ ltsb and many of my colleagues have been buying as many shares as they can in the past couple of weeks, those that bought when they droped to 33p about 2 weeks ago have nearly doubled their money, one colleague has purchased £25k worth. We have faith in the company.

gozomark

did you have faith at £1, £2, £3 etc etc ?

I'm not saying your colleagues are wrong, but its a double bet for them - if nationalised they could lose their jobs AND their money. Its not really a matter of having faith in LTSB, but faith that the financial system doesn't deteriorate further, and that the hole at HBOS isn't even bigger than so far found. LTSB could be perfectly fine (and your faith perfectly justified) and still end up being nationalised

ad44downey

worried_jim wrote: »

. We have faith in the company.

You have faith in a company that took over the toxic waste dump that was HBOS? Anyway it doesn't matter whether you have faith or not, if the government wants to nationalise it now it will.

Buddy195

ad44downey wrote: »

You have faith in a company that took over the toxic waste dump that was HBOS? Anyway it doesn't matter whether you have faith or not, if the government wants to nationalise it now it will.

LLoyds won't be nationalised end of story. RBS would be first on the list, but don't see that either. Bank shares are a good bet, abet a high risk one.What's life without a bit of risk :rolleyes:

FoxtonsRIP

Buddy195 wrote: »

LLoyds won't be nationalised end of story. RBS would be first on the list, but don't see that either:rolleyes:

There were mugs on here just like you only a few months ago saying the same thing about N Rock and Bradford and Bingley. Funny they don't post on here any more. I hope no-one else is influenced by you to follow your inane ramblings.

P.S. RBS is already 60% nationalised, the government can pick up the other 40% for nowt if they want to.; you seem to have ignored that salient fact.

Decadent_Fool

FoxtonsRIP wrote: »

... you seem to have ignored that salient fact.

And you seem to ignore the political and economic ramifications of nationalising another bank. Mind you, it's a lot easier than actually having to look at the fundamentals of the company, and the way ahead.

Just keep in bleeting your same nonsense...thanks to the pessimists of the world it makes life a damn site harder for the rest of us :mad:

sabretoothtigger

opinions4u wrote: »

Because their HBOS subsidiary is losing silly money on its Corporate side. +£1bn-£10bn = a loss of £9bn.


How easy will it be to renew that with the curse of HBOS on their books and a lower credit rating?


Running alongside the running down of the HBOS business model.
?

Hbos has lost silly money. Its not fair to presume they will repeat those losses again.

Running down HBOS or amalgamation means massive cost savings over previous costs of running separate firms, 1bn PA?

To me that means fewer losses in future. Assuming the worst would not fully reflect their prospects or the future share price imo


Merger is not reversible afaik, they are likely to sell assets where possible though